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Tuesday, January 18, 2005

Town and Country Food Stores Selects TelaPoint's Internet Petroleum Supply Chain Solution Including Smart Replenishment, Smart Buying and Smart Invoicing

Town and Country Food Stores Selects TelaPoint's Internet Petroleum Supply Chain Solution Including Smart Replenishment, Smart Buying and Smart Invoicing Leading West Texas convenience and petroleum marketer implements TelaFuel to manage fuel purchasing, replenishment and invoice reconciliation processes LOUISVILLE, Ky., Jan. 18 /PRNewswire/ -- TelaPoint, Inc., a leading Internet supply chain software provider for the Convenience Store and Petroleum industry, today announced that Town and Country Food Stores has implemented its TelaFuel(TM) Internet software suite of products including Smart Replenishment, Smart Buying and Smart Invoicing to streamline and manage its fuel operations. Town and Country is using TelaFuel, a browser-based application suite, to improve management of fuel purchasing, replenishment and invoice reconciliation operations across more than 140 convenience store locations. With TelaFuel, Town and Country is achieving significant benefits including the ability to lower fuel procurement costs, optimize fuel inventory and transportation operations, and streamline supplier invoice reconciliation expenses. "We have been using TelaPoint's supply chain solution for more than six months and it has proven invaluable in helping us surpass our retail petroleum objectives," said Devin Bates, Town and Country's Chief Financial Officer and Managing Director. "With the TelaFuel software solution we have achieved measurable improvements in our fuel purchasing, inventory management, transportation dispatch and invoice reconciliation operations." "We are enormously pleased by Town and Country's commitment to our TelaFuel suite of products and we remain focused on ensuring they maximize the benefits derived from their investment in our solutions," said TelaPoint's President, Mike Dahlem. "TelaPoint's integrated suite of TelaFuel products including Smart Replenishment, Smart Buying and Smart Invoicing is providing unparalleled opportunities for our clients to drive costs out of their petroleum operations." TelaFuel is an Internet supply chain software solution that includes Smart Replenishment(TM), Smart Buying(TM) and Smart Invoicing(TM). The TelaFuel solution helps companies realize fewer communication errors with transportation partners, lower fuel inventory and replenishment costs, make better fuel purchasing and pricing decisions, and streamline fuel invoice reconciliation. All TelaPoint(TM) customers have secure access through browser-based software applications allowing for timely and accurate communication with their authorized trading partners. TelaPoint's Internet services extend and redefine interaction and collaboration between trading partners in the Convenience Store and Petroleum supply chains. About Town and Country Food Stores Town and Country Food Stores, founded in 1965 and headquartered in San Angelo, Texas, operates more than 140 convenience stores in Texas and New Mexico. Town and Country also operates seven T&C Village Market Supermarkets in smaller West Texas towns. Town and Country Food Stores' mission is to be the bEST convenience store in its area of operation. This is accomplished by employee's participation on the Extra Service Team, striving to make stores the FriendliEST, FastEST, EasiEST and CleanEST convenience stores possible for all customers. About TelaPoint TelaPoint, Inc. is the first Internet platform software company to provide business-to-business applications focused exclusively on the Convenience Store and Petroleum industry. The TelaPoint application suite enables convenience stores and fuel outlets to improve the efficiency of their fuel replenishment, buying and administrative operations. Founded in February 1999, TelaPoint is a privately held company headquartered in Louisville, Kentucky. Additional information on TelaPoint is available via the Internet at http://www.telapoint.com/ or through email at media@telapoint.com. TelaPoint, TelaFuel, Smart Replenishment, Smart Buying, Smart Invoicing, and the TelaPoint logo are trademarks of TelaPoint, Incorporated. All rights reserved. All other company and product names are registered trademarks or trademarks of the respective companies with which they are associated and are acknowledged. TelaPoint Contact John Humphreys Vice President TelaPoint, Inc. 502.569.7500 ext.231 jhumphreys@telapoint.com Source: TelaPoint, Inc. CONTACT: John Humphreys, Vice President of TelaPoint, Inc., +1-502-569-7500, ext. 231, or jhumphreys@telapoint.com Web site: http://www.telapoint.com/ ------- Profile: International Entertainment

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